0
What happens to the net settlement if the claimant is dead and the estate settled years ago?
If the claimant is deceased and the estate settlement occurred years ago, the net settlement would typically be distributed according to the terms outlined in the deceased claimant's will or through the laws of intestacy if there was no will. The net settlement would become part of the deceased claimant's estate and would be distributed to the rightful heirs or beneficiaries as per the established legal guidelines.
What else can I help you with?
Did celia cruz estate get settled?
The settlement of Celia Cruz's estate was finalized in 2005, seven years after her death. The legal process involved various challenges, including disputes over her assets and rights to her music. Ultimately, her estate was divided among her beneficiaries and her legacy continues to be celebrated worldwide.
Is there a time limit to settle an estate in wv?
In West Virginia, there is no specific set time limit to settle an estate. The timeline for estate settlement can vary depending on the complexity of the estate, any challenges or disputes that arise, and court schedules. It is best to consult with an attorney to ensure that the estate settlement process is handled efficiently and in compliance with state laws.
Can executors fee be put on settlement statement without prior approval of all beneficiaries?
It depends on the specific laws and regulations of the region where the estate is being settled. In some cases, executor fees can be included in the settlement statement without prior approval of beneficiaries if the terms were agreed upon in the will or approved by the court. It is generally advisable for the executor to communicate and obtain consent from beneficiaries to avoid potential disputes.
What happens to a patent when the owner dies?
When a patent owner dies, the patent is typically transferred to their estate or heirs. The estate or heirs can then decide to maintain or sell the patent rights.
What happens if one brother does not want to settle the estate and it has been ongoing for five years?
The court appointed executor has the authority and the obligation to settle the estate. If the person who doesn't "want to settle the estate" is the court appointed executor you need to file a motion to have them removed and a successor appointed. If the estate hasn't been filed for probate then hire an attorney, file the will and request that you be appointed the executor. One person cannot stop the legal probating of an estate. That's why we have courts. If the person who has possession of the will won't hand it over for probate then petition to be appointed administrator of the estate and carry on as if there is no will. In that case the assets will be distributed according to the state laws of intestacy. In any case, get moving.
What happens is a beneficiary die's but there are other beneificiaries before an estate is settled?
The beneficiary's share goes into their own estate.
Your mother died with no estate and all debts were closed What happens if she had a pending lawsuit that was settled a year after her death Can creditors still collect on the settlement money?
If there is a lawsuit that benefits the estate, the estate will have to be reopened. The creditors can make their claims. The court should not have a problem reopening it in this instance. The creditors can force it as well.
If an heir passes away before estate settlement what happens to the estate settlement?
If the heir died after the decedent, any property that was inherited by that heir would become part of that heir's estate. The heir's estate would also need to be probated.
What happens when one of the beneficiaries of a will dies before an estate is settled?
It will be dependent on how the first will was written, but in most cases, their share of the estate simply becomes a part of their estate.
What happens when one of a group of beneficiary dies before the property is settled?
Their share goes into their estate.
Is an estate administrator paid after the estate is settled or can they collect before it is settled?
They can collect before it is settled
Can wife block estate settlement of husband?
She can delay the settlement of the estate by filing objections and claims against the estate.She can delay the settlement of the estate by filing objections and claims against the estate.She can delay the settlement of the estate by filing objections and claims against the estate.She can delay the settlement of the estate by filing objections and claims against the estate.
What happens if the class action participant dies before receiving their settlement?
Generally, their award will become part of their estate.
What happens when an executrix of an estate dies before the estate is settled?
Someone else will be appointed the executor. The probate court will appoint someone, usually a bank or attorney, if no one 'volunteers' to do the work.
What happens if the beneficiary of a california living trust dies before the estate is settled?
There is a disconnect here. A living trust is not related to an estate. The wording of the trust and perhaps the will associated with the individual will determine what the expectations are.
What happens if you die intestate with a large estate?
The laws of intestacy for the state in question will apply. The debts settled and the remainder divided per the law.
Did celia cruz estate get settled?
The settlement of Celia Cruz's estate was finalized in 2005, seven years after her death. The legal process involved various challenges, including disputes over her assets and rights to her music. Ultimately, her estate was divided among her beneficiaries and her legacy continues to be celebrated worldwide.
